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Corporate UpdateFebruary 2014

MNC MediaPT Global Mediacom Tbk.

PT Media Nusantara Citra Tbk.

PT MNC Sky Vision Tbk.

Listed and traded on the Indonesia Stock Exchange

STOCK CODE: BMTR

MNCN

MSKY

Disclaimer

2

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Section 2

Section 1

Section 3

Section 5

Section 4

Section 6

Section 7

MNC Media Corporate Structure

Table

of Content

Indonesia’s Media Industry Update

MNC Update

Financial Update Media Nusantara Citra

Indonesia’s Pay-TV Industry Update

Financial Update MNC Sky Vision

Financial Update Global Mediacom

Section 1 MNC Media Corporate Structure

MNC Media Corporate Structure

5

Global Mediacom Tbk

Media Nusantara Citra Tbk

Content and Advertising Based Media

MNC Sky Vision Tbk

Subscription Based Media

Other Subsidiaries include :

1. New Media : Social Media with Tencent

2. Home Shopping : MNC Shop

3. Media Support & Infrastructure : Infokom Elektrindo

69.5% 66.5%

Section 2 Indonesia’s Media Industry Update

University 4% Academy

3%

Senior High29%

Junior High19%

Elementary23%

NA22%

7

Millions

Population (2012)

Source: MPA 2013

A Young Population : 80% - Below 50yr

Macro drivers support industry growth

Source: Indonesia Bureau of Statistics 2012

Completed Education Level

29%

26%

29%

13%

3%

0-14 15-29 30-49 50-69 70+

Source: Nielsen Media ResearchSource: Indonesia Bureau of Statistics 2012

Monthly Household Expenditure (Rp1,000)

A large & young population

200mn people below age of 50

A rising middle class

Strong economic growth driven

by domestic consumption

40mn TV household

Only 4% of population has

university degrees

Indonesians prefer to watch TV

than to read, watching 5 hours

of TV per day.

What are the macro drivers?

A1 35006% A2 2501-

35009%

B 1751-250020%

C1 1251-175026%

C2 901-125021%

D 601-90013%

E <6005%

1,361 1,223

244 95 69 29 23 5

8

Asia Pacific Net Adspend (2011 – 2013F)

Source: Media Partners Asia 2012

In USD billion

Asia Pacific Net Adspend Growth (2011-2013F)

Indonesia net ad spend growth highest in the region

2011 2013F 2011 2013F

Media Partners Asia forecasts net ad spend growth of 15.8% in 2013

Growth is among the highest in the region

Indonesia’s ad spend is growing from a small base; we expect growth to be sustainable

$6,000

$10,000

$12,000

Indonesia Thailand Philippines

9

Net Adspend as a Percentage of GDP (2011)


In USD/spot0.9%

0.7%0.7%

0.6%0.6% 0.5%

0.5%

0.4% 0.4%0.3% 0.3% 0.3% 0.3%

0.2%

Well Positioned in a Conducive Growth Environment

30 seconds prime time spot

Net ad spend as % of GDP is the lowest in the region indicating solid growth potential

The price for a 30 seconds prime time spot is cheap compare to other ASEAN countries

10

Demand (More brands advertising on TV)

40%

23%

24%

10%3%

MNC Group

EMTEK

Trans Corp

Visi Media

Other

Prime time advertising slots are limited; strong demand for advertising

Local brands have been aggressive in advertising to compete with multi national companies

We expect automotive and financial companies to increase TV advertising budget

Source: Nielsen Prime time all demographic YTD December 2013

Limited supply: Only 10 FTA TV stations

Industry Dynamics

100% 99% 100% 99% 96% 99% 97% 97%93%

85% 82%

61% 58%

100% 100% 100% 99% 96% 99% 97% 97%93%

86% 84%

62%59%

Korea Japan Singapore Hongkong Malaysia Australia China Thailand Taiwan Vietnam Philippines India Indonesia

2012

2014F

11

Asia Pacific TV Penetration of Total Households (2012-2014F)

5.7

5.8

5.9

6.0 6.0

2010 2011 2012 2013 2014

18.0%20.5%

23.7%

27.1%30.2%

2010 2011 2012 2013 2014

Low Penetration Rates in Key Segments

Millions

Internet Household Penetration in IndonesiaNewspaper Circulation in Indonesia

Source: Media Partners Asia

12

Indonesia’s Media Advertising Market Share

2016F2012

TV, 69.1%

Newspaper, 20.7%

Magazine, 2.9%

Online, 3.6%

OOH, 2.2%Radio, 1.5%

TV, 70.4%

Newspaper, 17.1%

Magazine, 2.4%

Online, 6.8%

OOH, 2.1% Radio, 1.2%

Given the infrastructure constraint, TV is the only medium to reach a mass audience. TV

advertising is expected to maintain a dominant market share

Online advertising to take market share from Newspaper and Magazine


Section 3 MNC Update

www.mncgroup.com

The Largest Integrated Media Company in Southeast Asia

14

RCTIRadio

MNCTV Global TV

MNC Pictures

Tabloid & Magazine

MNC Networks

Star Media Nusantara

MNC Channels

Content llbrary contains more than 130,000 hours and increasing by more than 15,000 hours per year

Sindo Media OthersFree-To-Air TV

Tabloid & Magazine

News Portal

Local TV Network

Newspaper

Radio

Sindo Weekly

More channels will be added

Content

National & Regional

Our 4 Key Growth Drivers

15

RCTI, the #1 TV station, will drive the overall industry growth

Successfully turned around MNCTV;higher ad rates to follow.Focus to improve ratings at Global TV

18 exclusive channels on MNC Skyvisionto generate ad revenue

Rebrand 38 local TV stations as 4th national TV “SINDO TV”

100%

65%

31%

Competitor MNC TV Global TV

Opportunity for

ad rates increase

22.0%

15.5%

MNC Group Industry Peers16

RCTI has consistently been the # 1 TV station in

Indonesia since its inception in 1989

RCTI, MNC TV and Global TV cumulatively

control 43% audience share during prime time

In 2012, our group experienced 22.0%

advertising revenue growth, outperforming the

industry growth rate of 15.5%, driven by RCTI

and MNC TV

Change in programming strategy paid off at MNC

TV. Viewership ranking jumped to #2 in 2012

from #6 in 2011.

We see considerable scope for revenue growth

at MNCTV as ad rates are still much lower

compare to competing stations with similar

audience share.

Focus is now to turnaround Global TV

Dominant TV Player in Indonesia

MNC ad revenue growth outperforming the industry

MNCTV is under earning VS competitors

2012 advertising revenue growth

17

Content is King

Content is the only way to capture audience share

and monetize advertising dollars

Indonesians love “Sinetrons” and we broadcast

many of the top drama series

We have licensed popular International programs

such as Master Chef, Indonesia Idol and X Factor

Exclusive programming with top Hollywood studios

More than 130,000 hours of content library and

increasing by more than 15,000 hours annually

We also have 18 MNC branded Pay TV Channels.

These channels are integral to our content strategy

Creating the best content is our top priority

“Content is where I expect much of the real money will be

made on the Internet, just as it was in broadcasting.

The television revolution that began half a century ago

spawned a number of industries, including the manufacturing of

TV sets, but the long-term winners were those who used the

medium to deliver information and entertainment.”

“Content is King” by Bill Gates in 1996

Source: Nielsen Monthly Prime Time All Demographic Audience Share

Primetime Nielsen TV stations ranking

2011*YTD Dec

2013

Share Share

1 RCTI ABC 21.8 21.5

2 SCTV ABCD 14.3 13.8

3 TransTV ABC 13.3 12.3

4 MNCTV ABCD 10.4 12.2

5 Trans7 ABC 10.5 11.6

6 IVM ABCD 11.6 8.7

7 ANTV ABC 5.8 6.5

8 GTV ABC 6.2 6.4

9 TVOne ABC 3.3 3.8

10 MetroTV AB 2.0 2.0

Rank Station Target

Audience

Talent Search17/20

Animation19/20

Housewives12/20

Series10/20

All Programs12/20

Sports13/20

Number of MNC’s Programs in the Top 20 for National FTA TVs

(January to December 2013)

18

MNC’s TV Programs Dominate in all Genre

Source: Nielsen

19

MNC Drama Series occupied 6 out of 10 spots

Top 10 Drama Series January-December 2013 Station Rating Share

1 TUKANG BUBUR NAIK HAJI THE SERIES RCTI 5.4 22.8

2 KAMI RINDU AYAH SCTV 4.2 17.2

3 ANAK-ANAK MANUSIA (R) RCTI 4.1 18.4

4 BERKAH RCTI 4.1 17.5

5 DIAM-DIAM SUKA SCTV 3.9 15.9

6 PARA PENCARI TUHAN JILID 7 (R) SCTV 3.8 15.8

7 GET MARRIED THE SERIES 2 SCTV 3.7 18.9

8 ANAK-ANAK MANUSIA RCTI 3.7 16.8

9 CINTA 7 SUSUN RCTI 3.5 16.6

10 RADEN KIAN SANTANG MNCTV 3.4 15.3

20

Other Top Reality TV Series

Sports

Movies

Lifestyle

News

Entertainment

Kids

Local content

21

The most comprehensive Pay TV Channels lineup

We have the most comprehensive Pay TV channel lineup in Indonesia

Our customers prefer local content

Producing content in Bahasa Indonesia is our competitive advantage

We generate subscription revenue and advertising revenue

means it is the leader in its Pay TV category

Pay TV Channels to drive ad revenue for MNCN

OPPORTUNITIES

MNCN has produced and packaged 18 Pay TV

channels exclusively for MNC Sky Vision. In return

MNCN receives 100% ad revenue

MNC Sports, MNC Infotainment, MNC News and

MNC Business are # 1 ranked in their respective

categories versus International peers

MNC Food & Travel and MNC Kids was recently

launched. We will add 2 more channels: MNC Home

& Living and MNC Wedding

We expect MNC Channels to generate meaningful

advertising revenue as subscribers grow

22

MNC Channels share of Pay TV audience in 3Q 2013

22%

78%

MNC Channels

Rest of market

Rank Sports Channel Channel Share

1 MNC Sports 2 6.04

2 MNC Sports 1 3.08

3 Star Sports 1.22

4 Euro Sports 0.64

Rank News Channel Channel Share

1 MNC News 1.43

2 Al Jazeera 0.04

3 Sky News 0.03

4 Euro News 0.02

Rank Lifestyle Channel Channel Share

1 MNC Infotainment 3.15

2 MNC Lifestyle 1.84

3 Asian Food Channel 0.55

4 Fashion TV 0.29

Rank Business Channel Channel Share

1 MNC Business 0.17

2 Bloomberg 0.00

3 CNBC Asia 0.00

Rank Music Channel Channel Share

1 MNC Music 1.18

2 Channel V 0.54

3 Trace 0.04

4 NGC Music 0.01

Rank Entertainment Channel Channel Share

1 S-One 4.15

2 MNC Entertainment 3.03

3 MNC Comedy 2.83

4 MNC Drama 2.51

Source : Nielsen TV Audience Measurement 1Q 2013

1294

427

169 128 11738

Kompas Seputar Indonesia

Koran Tempo

Republika Media Indonesia

Bisnis Indonesia

Leader in Newspaper and Radio

23

36 radio stations in 4 different formats

consistently ranked #1 or 2 in their

respective genres / targeted audience

- Sindo Radio - #1 news station

- Radio Dangdut Indonesia - #2 station for

middle / low income segments

- ARH Global - #1 choice amongst young

listeners

- V Radio – female radio station

Leading Radio Stations in Indonesia

Source: Nielsen Media Research

In 5 years following the launch in

2005, Seputar Indonesia has become the

2nd largest newspaper in Jakarta and the 3rd

largest in Indonesia

The remaining 5 of the top 6 newspapers in

Indonesia have been in circulation for more

than 30 years on average

Tabloids / magazines published by us are

popular among readers

- Genie is the third largest tabloid by

readership

Strong Presence in Print Media

Source: Nielsen Media Index, figures refer to circulation in Jakarta only

Wave #4 2010

Total Audience in Jakarta

1 SINDO RADIO 472.000

2 DELTA 159.000

3 PAS 149.000

4 SMART < 1.000

1 RDI 4.007.000

2 BENS 3.075.000

3 GEN FM 3.031.000

4 MEGASWARA 1.953.000

1 ARH GLOBAL 747.000

2 MUSTANG 579.000

3 PRAMBORS 443.000

4 99ERS FM 352.000

24

Hary Tanoesoedibjo

CEO, MNC Group

21 years of relevant

experience

Group President & CEO of MNC since March 2004

Founding shareholder and Group Executive Chairman of PT Bhakti Investama Tbk. since 1989

Currently holds positions in several other companies, including Group President & CEO of PT Global Mediacom Tbk. since

2002, President Commissioner of RCTI since 2008, President Commissioner of PT MNC Sky Vision (Indovision), President

Commissioner of Media Nusantara Informasi since 2008, President Commissioner of MNC Networks since 2008, President

Commissioner of MNC Pictures since 2007, and many other companies within MNC Media and Bhakti Investama Group

MBA degree from Ottawa University, Canada

Bachelor of Commerce (Honors) degree from Carleton University, Ottawa, Canada

Kanti Mirdiati Imansyah

Director


experience

Director Sales and marketing of RCTI from 2010 – 2012

GM Sales and Marketing manager and Director Sales and Marketing of CTPI from 2006-2010

AVP Sales and Marketing of Duta Visual Mandiri from 2003-2006

Head of Acquisition Manager of RCTI from 2002 – 2003

Sales Group Head Trans TV from 2000 – 2003

Sales Group Head & Account Executive1990 – 2000

Bachelor Degree of Science from La Jolla Academy of Advertising Arts and Associate Degree Fashion Merchandising from

IFS San Diego, USA

Jarod Suwahjo

CFO, MNC Group


experience

Director of GlobalTv from 2009 – 2012.

CFO PT Media Nusantara Citra Tbk from 2007-2009

Prior to joining MNC, Pak Jarod was a Financial Controller in Sanovi Adventis, GlaxosmithKline, National Food Juice and

Heinz.

He is a Chartered Accountant from NZCA

Post Grad Diploma Accounting from Victoria University of Wellington (New Zealand)

Bsc in Operation Research from Victoria University of Wellington (New Zealand)

Nana Puspa Dewi

Director


experience

Joined MNC in 2007 after spending 21 years in the consumer goods industry with major FMCG companies such as Procter &

Gamble, Mars Inc., Mayora and Cadbury

Prior to joining MNC, Ibu Nana was Managing Director of Cadbury Indonesia

Has many years of experience in market research, sales & marketing and general management

Degree in Economy in Management from Udayana University, Indonesia

Highly Qualified and Experienced Management Team

Section 4

www.mncgroup.com

Financial Update Media Nusantara Citra

4.86

1.48

8.20

5.445.39

1.86

8.80

6.836.27

2.52

8.96

7,30

Revenue EBITDA Asset Equity

2010 2011 2012

26

Financial Performance from 12M 2010 (Audited) until

12M 2012 (Audited)

Source: Company Financials

12M 2010 to 12M 2012 Financials

12M 2010 to 12M 2012 Solvency Metrics

IDR trillion

CAGR +14%

CAGR +30%

CAGR +5%

CAGR +16%

1.13x

30%

6.60x

30% 33%41%

0.46x12% 11.66x

35%40%

51%

0.30x10%

55.83x

40% 43%50%

Debt / EBIDA Debt / Equity EBITDA / Interest EBITDA Margin 3 TV EBITDA Margin RCTI EBITDA Margin

2010 2011 2012

Revenue Per Segment

27

2012

2011

Revenue Contribution By TV Network


57%

29%

14%

RCTI

MNC TV

GTV

61%

24%

15%

RCTI

MNC TV

GTV

82%

3%

1%8%

3% 3%

Tv Station

Print Ads

Radio Ads

Non Ad Revenue

VAS

Content

78%

3%

1%

6%

10%2%

TV Station

Print Ads

Radio Ads

Non ad Revenue

VAS

Content

93%

1%

0% 1%5%

TV Station

Print Ads

Radio Ads

Non ads Revenue

VAS & content

EBITDA Per Segment

28

2012

2011

EBITDA Contribution By TV Network


RCTI

MNCTV

GTV

78%

8%

14%

96%

1%0% 0%

2%

TV Station

Print Ads

Radio Ads

Non ad Revenues

VAS & content

65%

27%

8%

RCTI

MNC TV

GTV

3.9

1.4

8.1

6.1

4.5

1,9

8.5

6.7

4.8

2,0

9.6

7.7

Revenue EBITDA Total Assets Equity

9M 2011 9M 2012 9M 2013

29

Financial Performance from 9M 2011 until 9M 2013




IDR trillion

CAGR +10%

CAGR +14%

CAGR +9%

CAGR +12%

0.4x14%

9.9x

37% 43% 52%0.3x

12%

38.8x

41% 42% 49%0.2x 8%

66.2x

43% 45% 51%

Debt/EBITDA Debt/Equity EBITDA/Interest EBITDA Margin 3 TV EBITDA Margin RCTI EBITDA Margin

9M 2011 9M 2012 9M 2013

Segmental Overview – Revenue 9M 2013 & 9M 2012

30

Revenue 9M 2013


Revenue 9M 2012


56%

30%

14%

RCTI

MNCTV

GTV

58%

28%

14%

RCTI

MNCTV

GTV

85%

3%0% 6%

6%

TV Station

Print Ads

Radio Ads

Non ad Revenue

Content & VAS

87%

4%1%

7% 2%

TV Station

Print Ads

Radio Ads

Non ad Revenue

Content & VAS

EBITDA Per Segment 9M 2013 & 9M 2012

31

EBITDA 9M 2012

EBITDA 9M 2013



66%

25%

9%

RCTI

MNCTV

GTV

67%

25%

9%

RCTI

MNCTV

GTV

88%

1%

0%0%

11%

TV Station

Print Ads

Radio Ads

Non ad Revenue

Content & VAS

100%

TV Station

Print Ads

Radio Ads

Non ad Revenue

Content & VAS

IDR billion 12M 2011 12M 2012 %chg 9M 2012 9M 2013 %chg

Revenue 5,390 6,265 16% 4,463 4,749 6%

Advertising 4,418 5,351 21% 3,944 4,373 11%

Advertising

excluding Euro Cup- - - 3,781 4,373 16%

Content 93 197 111% 54 76 41%

Value Added

Services536 217 -60% 216 0 -100%

Others 343 500 46% 248 301 21%

Operating expenses 3,808 4,050 6% 3,025 2,984 -1%

Core EBITDA 1,863 2,518 35% 1,590 1,883 18%

Core EBITDA Margin 35% 40% 36% 40%

Net Income 1,070 1,657 55% 1,168 1,270 9%

32

Summary of Financial Performance FY 2011 & 2012 (Audited)

– 9M 2012 & 9M 2013 (Unaudited)

Section 5 Indonesia’s Pay-TV Industry Update

265 317 465 650 749 873 1,1321,676

2,442

3,368

4,376

5,471

6,3407,065

7,6878,221

8,691

1% 1% 1%2% 2%

3% 3%

5%

7%

9%

12%

14%

16%

18%19%

20%21%

-8%

-5%

-3%

0%

3%

5%

8%

10%

13%

15%

18%

20%

23%

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013E 2014E 2015E 2016E 2017E 2018E 2019E 2020E

SUBS %Pen/TVHH

34


Indonesia’s Pay TV Subscriber Trend

In thousand subscribers

Indonesia’s pay TV market is estimated to reach 8.7 million subscribers by 2020, equaling

to only 21% of TV households

Almost 3x the size of 2012

35


In thousand subs In USD

Well Positioned in a Conducive Growth Environment

Asia Pacific’s Average Pay TV Monthly ARPU (2012)Asia Pacific’s Pay TV subscribers (2012)

29610

3,265

1,571

44

894

2,116

477827

5,989

3,330785

1,089

5,149

271

1,52333

536

1,194

880

131

122

1,385

5

398

IPTV

Cable

Satellite

54.1

33.6

30.0

18.8 16.1

12.5 8.0

8.0

4.6 4.2 3.4

-

10.0

20.0

30.0

40.0

50.0

60.0

28%24%

20% 20%18% 18%

13%

6%

3%1%

0%

5%

10%

15%

20%

25%

30%

Indonesia Thailand China India China PHP Korea Malaysia Singapore HK

36

Indonesia has the lowest pay TV penetration rate of TV household in the Asia Pacific (2012)

Indonesia has the highest projected pay TV subscriber growth in the Asia Pacific (CAGR 2012-2016E)


Indonesia’s Pay TV Market Has Huge Potential

100%

86%80%

66%

51% 49%

28%

11% 7%

0%

20%

40%

60%

80%

100%

120%

Korea Hongkong India Singapore Malaysia China Thailand Philippines Indonesia

9 28 30 56 109 192

306

479

604

805

1,163

2,150

0

500

1000

1500

2000

2500

37

Strong Market Position with Superior Content

Capabilities

Company MilestonesTotal subscribers (in thousands)

September 2013

Total subscribers = 2.15 million

2011:

MPEG 4 rollout

2009:

Launched of Indostar II satellite; migrated

subscribers to Galaxy and Venus packages

2001:

Acquired 51% of Indovision and became

major owner. Less than 30k subscribers

2008:

Introduced Top TV to target low/middle class

Opened sales and services offices in 43

cities

July 2012:

IPO @ Rp 1,520/shr

2006:

Name change to MNC Skyvision

1,720

2007:

Introduction of set top box subsidy

Indovision38.0%

Top TV25,0%

OkeVision10.0%

TelkomVision9.0%

First Media10,0%

Aora5,0%

Nexmedia2.0%

Others1.0%

MNC Skyvision has 73% Pay TV market share

38

Top 20 Channels As of 2013

39

NO. CHANNEL

1. Cartoon Network

2. Disney Junior / Playhouse

3. Disney Channel

4. MNC Sports 2

5. S-One

6. MNC Sports 1

7. MNC Entertainment

8. Cbeebies

9. MNC Infotainment

10. Fox Movies Premium

NO. CHANNEL

11. MNC Life Style

12. Vision 3 Baby

13. AXN

14. MNC Drama

15. Fox Channel

16. BBC Knowledge

17. Celestial

18. MNC Comedy

19. MNC News

20. HBO

Source: AGB Nielsen Report

1,412

522

3,063

893

1,738

728

3,448

958

2,394

1,002

4,939

2,261

Revenues Adjusted EBITDA Total Assets Equity

FY 2010 Audited FY 2011 Audited FY 2012 Audited

40

Financial Performance from FY2010 (Audited) until

FY 2012 (Audited)


FY 2010 to FY 2012 Financials

FY 2010 to FY 2012 Solvency Metrics

IDR billion

CAGR +30%

CAGR +39%

CAGR +27%

CAGR +59%

2.96

1.73

5.68

37%

2.311.75

3.55

42%

1.55

0.69

4.49

42%

Debt/EBITDA Debt/Equity EBITDA/Interest EBITDA Margin

FY 2010 Audited FY 2011 Audited FY 2012 Audited

41

Segmental Overview - Revenue

12M 2012 (Audited) 12M 2011 (Audited)

* Other Revenues are decoder sales, sale of ODUs & ancillary as well as share of revenues.

86%

3%

5%3% 2%

DTH-Digital

Commercial Sales

TV Ad Sales

Joining Fee

Others*

1,250

521

3,439

973

1,724

720

4,804

2,210 2,230

919

5,355

2,037

Revenues Adjusted EBITDA Total Assets Equity

9M 2011 Unaudited 9M 2012 Unaudited 9M 2013 Unaudited

42

Financial Performance from 9M 2011 (Unaudited) until

9M 2013 (Unaudited)




IDR billion

CAGR +34%

CAGR +25%

CAGR +45%

CAGR +33%

2.39

1.41

3.50

42%

1.62

0.36

4.45

42%

1.66

0.86

5.63

41%


9M 2011 Unaudited 9M 2012 Unaudited 9M 2013 Unaudited

43

Segmental Overview - Revenue

9M 2013 (Unaudited) 9M 2012 (Unaudited)

* Other Revenues are decoder sales, sale of ODUs & ancillary as well as share of revenues.

88%

3%5%

3% 1%

DTH-Digital

Commercial Sales

TV Ad Sales

Joining Fee

Others*

93%

2%5% 0%0%

DTH-Digital

Commercial Sales

TV Ad Sales

Joining Fee

Others*

44

IDR billion 12M 2011 12M 2012 %chg 9M 2012 9M 2013 %chg

Revenue 1,738 2,394 38% 1,724 2,230 29%

Operating Expenses 1,385 1,898 37% 1,358 1,865 37%

Total EBITDA 728 1,002 38% 720 919 30%

Total EBITDA Margin 42% 42% 42% 41%

Net Income 65 82 26% 26 (223) -958%


– 9M 2012 & 9M 2013 (Unaudited)

45

Bambang Rudijanto

Tanoesoedibjo

President Director President Director of MNC Sky Vision since 2004

Currently held several important positions such as the President Commissioner of PT MNC Asset Management, Vice

President Commissioner of PT Global Mediacom Tbk, Commissioners of PT Dos Ni Roha, PT Bhakti Investama Tbk, and PT

Rajawali Citra Televisi Indonesia.

MBA degree from University of San Francisco, San Francisco, USA

Bachelor of Commerce from Carleton University, Ottawa, Canada

Handhi S. Kentjono

Vice President Director Vice President of MNC Sky Vision since 2006 and also Director of Mediacom since 2009.

Previously worked in Goldindo International Group as Marketing Director and for over seven years with Rimba Group.

Served as a President Director and founder of Jakarta Institute of Technology from 2001 to 2003.

Received an award from the Institute for Transportation Research and Education, NC State Raleigh-Durham in 1995 and

Truman Scholarship Award in 1986.

MBA degree in Business Administration from Montana University, Montana in 1991

PhD from Montana University, Montana in 1993

Gwenarty Setiadi

Human Resources &

General Services

Director

Director of MNC Sky Vision since 2008

Previously worked at PT Media Nusantara Citra Tbk as the Head of Human Resources & General Affairs

Held several related positions on Citibank N.A.

Started her career at PT Japfa Comfeed Indonesia, then to DHL Worlwide Express

Graduated from Universitas Satya Wacana, Salatiga, Indonesia in 1986


46

Salvona Tumonggor

Situmeang

Operational Director

Director of MNC Sky Vision since 2009

Held several related position at MNC Sky Vision from 2005

Graduated from Universitas Sumatera Utara, Medan, Indonesia in 1991, majoring in Accounting

Dhini Widhiastuti

Marketing Director Director of MNC Sky Vision since 2013

Previously held position as General Manager of Marketing since 2005

Previously worked as Account Director in PT Kreatif Senterindo, Account Director in PT DDB Indonesia, Account Director in

PT Pamungkas Pariwara, Associate Account Director in PT Mitraguna Adikriya, Account Manager in PT Leo Burnett Kreasi

Indonesia, and PR Executive PT Komunikasi Cergas Ilhami.

Graduated from Akademi Sekretariat Tarakanita in 1994

Ciendramawan

IT Director Director of MNC Sky Vision since 2013

Previously the Deputy Director, Head of Corporate and IT System in PT Kalbe Farma Tbk., Vice President, Information

Technology Division in PT Indofood Sukses Makmur, Bogasari Flour Mills Division, Manager, Database & Security

Management in PT Indofood Sukses Makmur, Bogasari Flour Mills Division, Deputy Manager, Information Services in PT

Indofood Sukses Makmur, Bogasari Flour Mills Division

Master of Science degree from University of Bridgeport – Connecticut, USA in 1990

Graduated from University of Bridgeport, Connecticut, USA in 1988, majoring in computer engineering

Effendi Budiman

Non Affiliated Director Finance Director of MNC Sky Vision since 2012

Previously held several positions within Bhakti and MNC Group such as Finance Director of PT Infokom Elektrindo, Deputy

CFO of PT Global Mediacom Tbk, Finance Director of PT Nusantara Vision, Director and Corporate Secretary of PT Bhakti

Capital Indonesia Tbk.

Previously worked at Bank Central Asia and ABN Amro Bank.

MBA degree from University of Texas, Arlington – Texas, USA in 1992

Bachelor of Finance from Louisiana States University, USA in 1990


47

Hary Tanoesoedibjo

CEO, MNC Group


experience

Group President & CEO of PT Global Mediacom Tbk since 2002

Founding shareholder and Group Executive Chairman of PT Bhakti Investama Tbk. since 1989

Currently holds positions in several other companies, including Group President & CEO of PT Media Nusantara Citra Tbk.

since 2004, President Commissioner of RCTI since 2008, President Commissioner of PT MNC Sky Vision (Indovision),

President Commissioner of Media Nusantara Informasi since 2008, President Commissioner of MNC Networks since 2008,

President Commissioner of MNC Pictures since 2007, and many other companies within MNC Media and Bhakti Investama

Group

MBA degree from Ottawa University, Canada

Bachelor of Commerce (Honors) degree from Carleton University, Ottawa, Canada

Handhi S. Kentjono

Director


experience

Director of Mediacom since 2009 and also a Vice President of MNC Sky Vision.

Previously worked in Goldindo International Group as Marketing Director and for over seven years with Rimba Group.

Served as a President Director and founder of Jakarta Institute of Technology from 2001 to 2003.

Received an award from the Institute for Transportation Research and Education, NC State Raleigh-Durham in 1995 and

Truman Scholarship Award in 1986.

MBA degree in Business Administration from Montana University, Montana in 1991

PhD from Montana University, Montana in 1993

M. Budi Rustanto

Director


experience

Director of Mediacom since 2004 as well as Corporate Secretary since 2008

Currently holds several positions in other companies, including President Director of PT Global Land Development Tbk since

2007 and PT Aston Inti Makmur since 2007, President Commissioner of PT Usaha Gedung Bimantara and PT Hikmat Makna

Aksara. Commissioner of PT Indonesia Air Transport Tbk since 2004 and PT Global Informasi Bermutu since 2008.

Previously worked in IBM from 1980 to 1989.

Currently is the Treasurer for the National Sports Committee (KONI) and has been active in the Indonesia Olympic Solidarity

Committee.

Bachelor degree in Civil Engineering from Bandung Institute of Technology


48

Indra P Prastomiyono

Director


experience

Director of Mediacom since 2008

Previously worked in Citibank Indonesia for 8 years with positions as Credit Risk Operations Director (4years) and Human

Resources Director (4 years), Principal Consultant at Pricewaterhouse Coopers and General Manager Training &

Development in PT Excelcomindo Pratama Tbk.

Also a “Research Associate” in the Notredame Dave University in 1993-1994 and as a Lecture of the Institute PPM fro more

than 8 years.

Currently, a speaker at several seminars, particularly in the areas of leadership and human resources.

MBA degree in Marketing from Strathclyde Graduate Business School, Scotland, Britain

Oerianto Guyandi

CFO


experience

Director of MNC since 2009 and Group CFO since 2008. Also CFO of PT Global Mediacom Tbk.

Previously held several important positions such as Director/Vice President Director in PT MNC Sky Vision, PT Rajawali Citra

Televisi Indonesia, and PT Global Informasi Bermutu

Started his career in Public Accounting Firm Prasetio Utomo & Co. (Arthur Andersen) and Salim Group

Bachelor degree in Economy in Accounting from the University of Indonesia and a Bachelor degree in Agricultural

Engineering from Institute Pertanian Bogor in Indonesia

David Fernando Audy

Director

8 years of relevant

experience

Director of PT Global Mediacom Tbk since 2012. Also the President Director of PT Global Informasi Bermutu since 2010 and

PT Linktone Indonesia since 2011

Previously held several important positions such as the Managing Director of PT Media Nusantara Informasi, as Senior

Manager Corporate Finance then as Head of Investor Relations of PT Media Nusantara Citra Tbk

Previously worked at PT Elektrindo Nusantara from 2005 to 2006 and PT Mobile-8 Telecom Tbk from 2003-2005

Master of Commerce in Professional Accounting from the University of New South Wales and a Bachelor of Commerce in

Finance and Information System from the University of New South Wales


Section 7 Financial Update Global Mediacom

2.1

14.63

9.84

2.53

15.65

11.19

2.97

21.37

15.23

Revenues Asset Equity

2010 2011 2012

Financial Performance from 12M 2010 (Audited) until

12M 2012 (Audited)



IDR trillion

50

CAGR +18%

CAGR +22%

CAGR +19%

Source: Company

1,4x30%

6.14x

32%0,9x 22%

6.93x

36%1.0x 25%

10.41x

38%

Debt/EBITDA Debt/Equity EBITDA/Interest EBITDA margin

2010 2011 2012

Segmental Overview – Revenue

51

Revenue12M 2012 Revenue 12M 2011

67%

24%

7%2%

Content and advertising based media

Subscribers based media

Value Added Service

Media Support and Infrastructure & Others

67%

27%

5% 1%



Value Added Service


Segmental Overview – EBITDA

52

EBITDA 12M 2012 EBITDA 12M 2011

64%

25%

5%

6%

Content & advertising based media


Value Added Service

Media support & infrastructure

67%

28%

4%1%

Content & advertising based media


Value Added Service

Media support & infrastructure

5.2

2.0

14.6

10.3

6.3

2.7

18.9

13.1

7.3

2.7

20.2

14.4

Revenue EBITDA Total Assets Equity

9M 2011 9M 2012 9M 2013

Financial Performance from 9M 2011 until 9M 2013

53


CAGR +18%

CAGR +16%

CAGR +18%


CAGR +18%

0.9x24%

6.3x

39%1.1x

27%

10.2x

43%1.1x

25%

8.4x

37%


9M2011 9M2012 9M2013

Segmental Overview – Revenue Year To Date Sept 2013

54

Revenue 9M 2013

64%

30%

4% 2%



Value Added Service


Revenue 9M 2012

67%

27%

5% 1%


Subscriber based media

Value Added Services

Media Support and Infrastructure & others

Segmental Overview – EBITDA Year To Date Sept 2013

55

EBITDA 9M 2013 EBITDA 9M 2012

69

34%

-2% -1%



VAS

Media support infrastructure & other 69%

31%

0% 0%



VAS

Media support infrastructure & other

56

IDR billions 12M 2011 12M 2012 %chg 9M 2012 9M 2013 %chg

Revenue 7,163 8,925 25% 6,280 7,325 17%

Content and advertising based

media 4,825 5,995 24% 4,200 4,637 10%

Subscribers based media 1,738 2,392 38% 1,724 2,230 31%

Value Added Service 499 427 -14% 283 315 11%

Media Support and Infrastructure &

Others 101 111 10% 72 143 99%

Operating expenses 5,233 6,280 20% 4,535 5,303 17%

Core EBITDA 2,585 3,394 31% 2,312 2,726 18%

Total EBITDA 2,636 3,965 50% 2,775 2,992 8%

Core EBITDA Margin 36% 38% 37% 37%

Total EBITDA Margin 37% 44% 44% 41%

Net Income 779 1,299 67% 881 632 -28%


– 9M 2012 & 9M 2013 (Unaudited)

Thank You

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